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Trump Administration Eyeing Chips Act Funds for Intel Stake
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August 15, 2025
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0:20Now PlayingThe Trump administration is considering using funds from the US Chips Act to take a stake in Intel Corp., according to people familiar with the discussions, part of efforts to rescue the embattled chipmaker and shore up domestic semiconductor manufacturing.
#Trump #Intel #Chips
The Trump administration is in talks with Intel Corp. to have the US government take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House's willingness to blur the lines between state and industry. A deal would help shore up Intel's planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world's largest chipmaking facility, though it's been repeatedly delayed. The size of the potential stake isn't clear. Ed Ludlow, co-Host of Bloomberg Tech joins Lizzy Burden and Stephen Carroll on Bloomberg radio to discuss
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